[email protected] Posted August 6, 2020 Posted August 6, 2020 I have a 1998 Impreza turbo Terzo & believe that it is possibly under insured as I recently saw a limited edition just like mine advertised for more that twice the value I have mine insured for ! I have asked the insurance Company to increase the Insured value but they say they want proof and been asked by them to get a 'classic car club' valuation. I have rung the Classic Car Club of GB who say they do not do such a thing, so I am trying to find out the best place to try & obtain some form of reasonably accurate valuation. Any ideas ?
Siluro Posted August 8, 2020 Posted August 8, 2020 Advertised and sold are two different things. When I bought my car the dealer would not budge at first. 2 weeks later he said he already sold it but the guys finance fell through. Well you never sold it. In the end I got him to come down £500 and then he cannot count and I walked away with an extra £100, lol. Paying cash can be really useful
Jay762 Posted August 10, 2020 Posted August 10, 2020 When doing my insurance they just asked for the value, I gave a number no problem. It might be that if it is part way through the policy they suspect you may be looking to increase the value then make a claim. I would wait until policy renewal then set the value with a new provider as you want 1
[email protected] Posted August 11, 2020 Author Posted August 11, 2020 My insurance is due for renewal now, so that's when I asked for an uplift in value, but it was 100% uplift which is why they don't like it I think......It's very difficult to get a value on these things. I've now found a company who will give me a valuation which they say will be recognised by insureres.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now